Perigon Wealth Management LLC Purchases Shares of 747 Transdigm Group Incorporated $TDG

Perigon Wealth Management LLC purchased a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 747 shares of the aerospace company’s stock, valued at approximately $995,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TDG. Ares Financial Consulting LLC acquired a new stake in shares of Transdigm Group during the fourth quarter worth about $25,000. Elyxium Wealth LLC acquired a new stake in shares of Transdigm Group in the 4th quarter valued at about $25,000. Burkett Financial Services LLC acquired a new stake in shares of Transdigm Group in the 2nd quarter valued at about $25,000. MCF Advisors LLC grew its stake in Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after buying an additional 18 shares during the last quarter. Finally, Transamerica Financial Advisors LLC lifted its stake in Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after buying an additional 19 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,459,536. The trade was a 52.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 28,064 shares of company stock valued at $35,501,609. 3.20% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently commented on TDG. Royal Bank Of Canada reduced their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings cut shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Morgan Stanley downgraded shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Stifel Nicolaus reaffirmed a “hold” rating and set a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, Transdigm Group presently has a consensus rating of “Hold” and a consensus target price of $1,463.71.

Transdigm Group Stock Performance

TDG stock opened at $1,236.76 on Wednesday. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03. The stock’s 50 day moving average price is $1,272.09 and its 200 day moving average price is $1,250.15. The firm has a market cap of $69.17 billion, a P/E ratio of 37.52, a PEG ratio of 2.10 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same period last year, the company earned $9.60 EPS. The firm’s revenue for the quarter was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts predict that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Transdigm Group Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.